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EURUSD only

  • #24,321
  • Jun 5, 2018 11:05am Jun 5, 2018 11:05am
Italian parliament votes confidence to the new government in next 30 minutes. I think this is akin EURUSD
  • #24,322
  • Jun 5, 2018 11:31am Jun 5, 2018 11:31am
Not out of the woods yet!
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Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #24,323
  • Jun 5, 2018 12:00pm Jun 5, 2018 12:00pm
EUR/USD marked daily high at 1.1731 and stalled around the 38.2% Fibo. Technical indicators in the four hour time frame entered positive territory and are showing strong upward strength. The Friday's high at 1.1744 is now main bullish target which once conquered will resume the uptrend.
  • #24,324
  • Jun 5, 2018 12:00pm Jun 5, 2018 12:00pm
Market still clings to 1.1715.. not done deal yet..

Stay Green
Focus only on what truly matters!
  • #24,325
  • Jun 5, 2018 12:15pm Jun 5, 2018 12:15pm
Quoting Ata-Turkoglu
Market still clings to 1.1715.. not done deal yet.. Stay Green
It will go below 1.1617
  • #24,326
  • Jun 5, 2018 12:46pm Jun 5, 2018 12:46pm
I am eyeing 1.1687 to go long.. not sure exactly where but that's roughly the target for now..

Stay Green
Focus only on what truly matters!
  • #24,327
  • Jun 5, 2018 1:15pm Jun 5, 2018 1:15pm
Quoting Ata-Turkoglu
I am eyeing 1.1687 to go long.. not sure exactly where but that's roughly the target for now.. Stay Green

Ata, if the daily closed below 1.1705, i think you should reconsider the long.
  • #24,328
  • Jun 5, 2018 1:21pm Jun 5, 2018 1:21pm
Quoting Traderview
{quote} Ata, if the daily closed below 1.1705, i think you should reconsider the long.
Yesterday's daily closed at 1.1697 on my broker.. any close above this level tonight (40 minutes left) can give a clue if market wants to go higher or not.. but to be honest today's London closing price (roughly 1.1675) already tells that bulls took control..

Stay Green
Focus only on what truly matters!
  • #24,329
  • Jun 5, 2018 1:23pm Jun 5, 2018 1:23pm
o.k , Luckily I managed to escape from a failing Long Trade today, because as the Euro has struggled to break up in the past two days, I begin to lean towards a double bottom on 1.1500 before further rise .

eur 4h grafh fololowed by a eur 1h grafh
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Click to Enlarge Name: eur usd h1.png Size: 38 KB
yes yes yes
  • #24,330
  • Jun 5, 2018 1:32pm Jun 5, 2018 1:32pm
this is why i love to look on the dollar index sometime , and even trade the eur/usd by him.
more accurate
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yes yes yes
  • #24,331
  • Jun 5, 2018 2:24pm Jun 5, 2018 2:24pm
Latest news suggesting that the ECB could debate about exiting QE on their next June 14th meeting(reason behind sudden move up in late NY session). Time for long ?
Trades technical moves enforced by fundamentals
  • #24,332
  • Jun 5, 2018 2:39pm Jun 5, 2018 2:39pm
Quoting Ata-Turkoglu
I am eyeing 1.1687 to go long.. not sure exactly where but that's roughly the target for now.. Stay Green

There are no major EU data scheduled for tomorrow and trading will be based on tech and sentiment which tells me we could see a bullish day tomorrow, IMO
Trades technical moves enforced by fundamentals
  • #24,333
  • Jun 5, 2018 2:40pm Jun 5, 2018 2:40pm
its still bearish for me until 1.1775
  • #24,334
  • Jun 5, 2018 2:46pm Jun 5, 2018 2:46pm
Quoting Suj
its still bearish for me until 1.1775
Agree but news from ECB could change the scenario altogether as the 14 June is very close. This week close is very important for bulls as a bullish ‘morning star’ reversal would be completed on a close above the midpoint of the prior week’s range at 1.1707. Stay Green.
Trades technical moves enforced by fundamentals
  • #24,335
  • Jun 5, 2018 2:51pm Jun 5, 2018 2:51pm
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Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #24,336
  • Jun 5, 2018 2:53pm Jun 5, 2018 2:53pm
Quoting Suj
its still bearish for me until 1.1775
At least you are agreeing with the part that price can rise at least up to 1.1775.. that's the point for some of the members of being bullish at the moment, including me.. so I keep buying dips

Stay Green
Focus only on what truly matters!
  • #24,337
  • Jun 5, 2018 4:54pm Jun 5, 2018 4:54pm
Just for experience
Sell 1.1731 sp little above last days high 1.1747 tp 1.1700 (will close manually)
  • #24,338
  • Edited 8:51pm Jun 5, 2018 8:08pm | Edited 8:51pm
Short at 1.1722 w/Manual SL this time.
Bear TGTs;
.1657
.1540
.1424
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Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #24,339
  • Jun 5, 2018 8:52pm Jun 5, 2018 8:52pm
I closed my long from last night at 1.173. It looks a bit indecisive, however I still greatly favour a bullish scenario, and it is looking quite strong - however I wouldn't rule out a quick dip at europe open.
  • #24,340
  • Jun 5, 2018 9:13pm Jun 5, 2018 9:13pm
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